ZAC 700,000 ROM, 75% yield = 525,000 saleable.
525,000 saleable earning 10-15 million ebitda = 20-28/tonne.
Mbila phase 1, 580,000 saleable, same BEE partner %. opex $50/tonne, indicative sales 110-130/tonne, profit 60-80/tonne.
Debt/dilution for capex will be key for zyl.